Rate Hikes Come to a Pause

Published On: April 06, 2023 - RBI Governor Shaktikanta Das decides to pause monetary tightening at the latest MPC. He says it is a ‘pause’ and not a ‘pivot.’ The Monetary Policy Committee unanimously decided to keep Repo Rate unchanged at 6.50%. Growth forecast for the year pegged at 6.5%, retail inflation at 5.2%. Kartik Malhotra joins Rakesh Khar, Subhomoy Bhattacharjee, Karan Mehrishi to decode the reasons behind the RBI’s stance.